PRE-MARKET INDIAN STOCKS NEWS: Reliance Industries (RIL IS) unit Jio Infocomm is reportedly set to file for an initial public offering in days
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General Insurance Corporation of India (GICRE IS) - Co.’s offer for sale was oversubscribed 3.72x on the first day for non-retail investors, while retail investors and employees can bid on June 17 and the government will exercise the full green shoe option. (ET)Nykaa (NYKAA IS) - Co. announced a multi-year collaboration with OpenAI to introduce AI-driven shopping experiences and make its catalogue directly accessible to ChatGPT users. (ET)Prime Focus (PFOCUS IS) - Co. had adjudication proceedings disposed of by Sebi after the regulator concluded it followed the correct accounting treatment while transferring business divisions to its indirect subsidiaries. (ET)Reliance Industries (RIL IS) - Co. unit Jio Infocomm is set to file for an initial public offering in days. (FT)Wipro (WPRO IS) - Co. launched its Applied AI Center of Excellence for Claude models powered by Anthropic at its Bengaluru innovation hub. (ET)Zydus Lifesciences (CDH IS) - Co. completed the USD 166.4mln acquisition of US-based Assertio Holdings via wholly-owned subsidiary Zara Merger Sub. (ET)
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